Monday 23 October 2017

Saudi Aramco IPO set for 2018, says oil minister

Saudi Arabia is still aiming to complete both international and domestic portions of the initial public offering of Aramco, in 2018, reported state news agency Wam, citing the Saudi Oil Minister Khalid Al Falih. He was speaking on Tuesday in London on the sidelines of th


World's first floating wind farm inaugurated

Hywind Scotland, the world’s first commercial-scale floating wind farm, was inaugurated today in Scotland, the Abu Dhabi Future Energy Company (Masdar) has announced.   The renewable energy project paves the way for the development of wind energy resources


Rockwell Automation to showcase digital solutions at Adipec

US-based Rockwell Automation, one of the world's largest companies dedicated to industrial automation, will showcase its digital oilfield and ConnectedProduction solutions at the upcoming Abu Dhabi International Petroleum Exhibition and Conference (Adipec), to be held in Abu Dhabi, UAE.


Saudi Arabia sets up super energy service company

Saudi Arabia’s Public Investment Fund (PIF) has announced the establishment of a new energy service company, Super Esco, designed to increase energy efficiency across government and public buildings. A Royal Decree has been issued requiring all government entities to contra


GE hosts forum on nextgen power solutions

More than 200 energy sector experts took part in a conference hosted recently by GE in Dubai, UAE aiming to identify the next generation of solutions to boost power sector efficiency and discuss new business models for the industry. The exclusive event ‘Transforming Power&r


GlassPoint Solar highlights solution to produce heavy oil

GlassPoint Solar, a leading supplier of solar energy to the oil and gas industry, has discussed ways its solar technology can be strategically deployed to produce heavy oil at the ongoing Kuwait Oil & Gas Show 2017 (KOGS), in Kuwait. The four-day event will conclude later tod


Expo to highlight novel water treatment technologies

Leading global experts from the construction and utility sectors will put spotlight on innovative solutions and cutting-edge technologies in water treatment at the upcoming Water, Energy, Technology and Environment Exhibition (Wetex) in Dubai, UAE. A major industry event in the r


Utico unveils innovative $100m rooftop solar programme

Utico, the Middle East’s leading full service private utility, today unveiled a path-breaking solar investment programme, SolarFree, for homeowners and announced an investment outlay of more than $100 million for the project.   In a statement, Utico said t


Gas output to boost Oman’s GDP next year: NBK

Oman’s economic growth will slow to just 0.3 per cent this year – its weakest since 2011 – on the back of a drop in oil output, before recovering to 2.8 per cent in 2018 as gas production expands and the non-oil economy steadies, a report said. There remain nota


Evonik celebrates 10th anniversary

Evonik, one of the world's leading specialty chemicals companies, celebrates this month the 10th anniversary of the creation of its brand name with a series of events across the Middle East. Dr Hendrik Schoenfelder, newly appointed president of Evonik Middle East and Africa (

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